BSC Brief | 20.03: Bearish sentiment spreads

MARKET OUTLOOK
The market remained in the red from the opening bell; however, a heavy sell-off only truly intensified during the afternoon session. At the close, the VN-Index slumped by 51.32 points, ending at 1,647.81. Market breadth tilted heavily to the negative side with 16 out of 18 sectors declining, of which Oil & Gas and Chemicals continued to face the strongest correction pressure. Regarding foreign transactions, this group were net sellers on the HSX and UPCOM but recorded a slight net buy on the HNX. From a technical perspective, the index has now retreated to its MA200. This is considered a critical threshold that separates a short-term correction from a long-term trend reversal. Given the lack of market consensus and unclear direction, investors are advised to prioritize risk management and maintain a cautious stance.

FUTURES CONTRACTS
All future contracts declined with the movement of VN30.

COVERED WARRANTS
During the trading session on 20/03/2026, covered warrants mostly decreased.

HIGHLIGHT
• VN-Index -51.32 points, closing at 1647.81 points. HNX-Index -2.27 points, closing at 243.46 points.
• Pulling the index up: VCK (+0.42), BVH (+0.27), REE (+0.25), PGV (+0.15), POW (+0.14).
• Pulling the index down: VIC (-15.82), VCB (-3.20), GAS (-3.01), VHM (-2.03), CTG (-1.74).
• The matched trade value of VN-Index reached VND 27,182 billion, increased 18.01% compared to the previous session. The total transaction value reached VND 31,136 billion.
• The trading range is 55.97 points. The market had 95 gainers, 36 remaining unchanged, 241 losers.
• Foreign investors' net selling value: VND -1889.41 billion on HOSE, including HPG (VND -667.50 billion), VIC (VND -631.68 billion), DGC (VND -207.94 billion), KBC (VND -188.88 billion), FPT (VND -174.46 billion). Foreign investors were net buyers on HNX with the value of VND 94.74 billion.

BSC30, BSC50 PERFORMANCE
• BSC30 -2.35%. Positive stocks: VCI (+1.85%), MSB (+0.45%), DBC (+0.22%).
• BSC50 -0.83%. Positive stocks: VCG (+4.07%), HDG (+3.25%), SIP (+2.98%).